DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Private fund

Ovation Income Fund, LLC

Private Equity Fundadvised byBiechele Royce Advisors, Inc.former805-6454456677IAPD
Gross asset value
$491,530
as of Jun 26, 2024; not a fund size
Peak GAV
$12.9M
highest filing
Owners
65
beneficial owners reported
Minimum investment
$50,000
as reported
Adviser and related own
1%
of the fund
Owned by funds
0%
fund-of-funds interests
Non-US owners
0%
Reported
28 filings
Jul 20, 2016 to Jun 26, 2024
Reporting history
one row per Form ADV filing
Gross asset value$491,530 as of Jun 26, 2024
Jul 20, 2016$10.3M then
Owners65 as of Jun 26, 2024
Jul 20, 201684 then
Structure
Exclusion
3(c)(1), up to 100 ownersreported
Master or feeder
standalonereported
Fund of funds
noreported
Organized in
Indiana, United Statesreported
Clients solicited
yes, 10% of the adviser's clients investedreported
Form D file number
none reportedreported
Custodians
Schedule D 7.B.(1).A.25, latest filing
No custodian reported.
Across DFX
shared identifiers only
Provenance
Source
Form ADV Schedule D 7.B.(1), every filing 2011 to 2024reportedadviserinfo.sec.gov
Status
on the adviser's latest filing in the extractderived
Share
1.0%reportedadviser and related persons